Impsa signs $479 million contract for hydro project in Argentina

Buenos Aires, February 21, 2011 — Argentine renewable energy firm Impsa has signed a 479 million contract with the Norte Energia consortium for the supply of four generating units for Brazil's Belo Monte hydropower project.

In a statement, Impsa said the four generating units will have a combined capacity of 2,500 MW.

The contract also includes all the penstocks, lifting equipment and supervision of the assembly and start-up operations.

The Norte Energia consortium won the license to build and operate Belo Monte in April last year.

The Belo Monte hydro project will be built in the Xingu River in the northern state of Para.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs